Phoenix foreclosures up in November
The unsettled Phoenix metro real estate market saw foreclosures as a share of the market rise to 29 percent in November, according to a report from W. P. Carey School of Business Professor Emeritus Jay Butler.
Will higher prices attract more sellers to recovering Phoenix market?
The Phoenix real estate market has seen prices rise at a dramatic pace over the past year, but what’s next? Mike Orr, director of the of the Center for Real Estate Theory and Practice at the W. P.
Recovery underway, but supply and demand out of balance
You could say that Phoenix is a seller’s market this spring, although there’s very little real estate to buy.
Real estate in context: Low inventories, tight labor supply and the impact on recovery
Arizona real estate is often described as driving the economy, but is that true? Economist Dennis Hoffman and real estate experts Mark Stapp and Michael Orr discuss the role real estate has played in the cyclical Phoenix economy.
Another price increase reflects different mix of homes for sale
Housing prices rose in the Phoenix market in March, signaling a shift in the mix of what is being sold, according to Michael Orr, author of the monthly resale real estate report from the W. P. Carey School of Business.
Demand for new homes is back in Phoenix
In the Phoenix resale home market, supply is tight – especially for lower-priced properties -- and prices are on the rise, said Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School.
Summer doldrums in the Phoenix real estate market
Historically, summer in Phoenix has been a sluggish season for the real estate market, and July 2012 has been no exception. Michael Orr, director of the Center for real Estate Theory and Practice at the W. P.
It's complicated: Seasonal factors hold real estate prices steady, but what's next?
The June housing market report indicates that some stability may be returning to prices in Phoenix, however the market is complex and continues to be out of balance. Mike Orr, director of the W. P.
When is moving day? Population trends affect Phoenix real estate recovery
The Phoenix real estate market has been showing signs of life, but a panel of experts warns that a full recovery is unlikely until around 2015.
Phoenix housing prices: Temporary cooling trend expected this summer
The imbalance created by high demand and low supply continues to be the dominating factor in the greater Phoenix housing market, according to Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.